Less than two months after the acquisition of Arkansas-based Cash and Sons stores, Virginia-based GPM Investments has acquired 64 Wisconsin-based Riiser, Baltus, Mad Max and Jetz stores from Riiser Fuels.
This acquisition is GPM’s first entry into the state of Wisconsin.
“We are very excited about our expansion into Wisconsin with the Riiser stores,” said CEO Arie Kotler. “We plan to provide these customers with the same great quality service and products they are used to. We’d also like to welcome the Riiser, Baltus, Mad Max and Jetz associates to the GPM family of brands.”
GPM Investments, together with its subsidiaries, is the largest privately-owned company in the convenience store channel of business.
The company, based in Richmond, Va., operates or supplies fuel to over 1,400 stores in Arkansas, Connecticut, Delaware, Florida, Illinois, Indiana, Iowa, Kentucky, Louisiana, Maryland, Michigan, Missouri, Nebraska, New Jersey, North Carolina, Ohio, Oklahoma, Pennsylvania, South Carolina, Tennessee, Texas and Virginia and Wisconsin.
GPM Investments’ stores offer a large selection of beverages, coffee, fountain drinks, candy, salty snacks and many other products to meet the needs of the everyday customer. One feature, setting many of its convenience stores apart is a wide array of proprietary food offerings ranging from fresh chicken, fresh-made salads and sandwiches to healthy, grab-and-go meals.